U.S. red meat stocks tightened from October to November.
Beef in cold storage on November 30th, 2017 was reported at 486.954 million pounds, 8% below last year, lower than Allendale’s pre-report estimate and down on the month at a time when supplies usually build. Still, the beef figure is above the five year average for the end of November with good demand not quite enough to fully cancel out recent record production levels.
Continue reading Red meat stocks down, poultry and cheese up at Brownfield Ag News.
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